Job Responsibilities:
- Responsible for underwriting commercial loans for new and existing customers leveraging provided software cutting-edge models and alternative data to assess businesses of various scales.
- Conduct in-depth analysis of financial statements (Balance Sheet, P&L, Cash Flow) to determine debt service capacity, leverage, and liquidity positions.
- Prepare comprehensive credit memos and present recommendations to the Credit Committee, clearly articulating key risks, mitigants, and structuring rationales.
- Structure complex credit facilities, including recommending appropriate covenants, collateral requirements, and terms that align with the borrower's risk profileAssists team members in evaluating new data sources in Colombia.
- Provide input for improving efficiency for the underwriting team.
- Establishes rapport; maintains and grows important relationship within the portfolio.
Requirements:
- 5+ years in credit underwriting, with experience in commercial credit risk in the Colombian market.
- Solid understanding of the Colombian regulatory landscape (e.g., SARLAFT) and legal frameworks regarding commercial lending, guarantees, and collateral enforcement.
- Expertise working with local credit bureaus (e.g., DataCrédito, TransUnion) and interpreting local tax/legal documents (Rut, Cámara de Comercio, Declaración de Renta).
- Advanced proficiency in financial modeling and 'spreading' financial statements; ability to reconstruct cash flows from raw data.
- Understanding of how risk models operate and how to explain components of underwriting assessment.
- Must have the ability to conduct research into borrowers and industries to be abreast with factors that may affect profitability and the borrower’s ability to repay loans.
- Demonstrated ability to work well with internal sales teams and balance need for prudent underwriting and following guidelines with a mindset and bias to enable growth.
- Experience with corporate credit cards, payments, lending, or related industries.
- Intellectual curiosity.
- Excellent written and verbal communication skills conducted in English.
- Strong interpersonal skills to develop and maintain internal and external relationships within their portfolio.
- Experience in high growth startups preferred.
